Accounts filed on 27-06-2015

Accounts filed on 27-06-2015

M. FALLOWS LIMITED - Company Information

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M. FALLOWS LIMITED

Company Registration Number:
01114623 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 28 June 2014

End date: 27 June 2015

M. FALLOWS LIMITED

Abbreviated Balance sheet

As at 27 June 2015


Notes
2015
£
2014
£
Fixed assets
Intangible assets: 0 0
Tangible assets: 2 84,174 84,696
Total fixed assets: 84,174 84,696
Current assets
Stocks: 0 0
Debtors: 427 427
Cash at bank and in hand: 9,048 19,605
Total current assets: 9,475 20,032
Creditors: amounts falling due within one year: ( 90,638 ) ( 87,220 )
Net current assets (liabilities): ( 81,163 ) ( 67,188 )
Total assets less current liabilities: 3,011 17,508
Creditors: amounts falling due after more than one year: 0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 3,011 17,508

The notes form part of these financial statements

M. FALLOWS LIMITED

Balance sheet continued

As at 27 June 2015


Notes
2015
£
2014
£
Capital and reserves
Called up share capital: 3 100 100
Revaluation reserve: 0 0
Profit and loss account: 2,911 17,408
Shareholders funds: 3,011 17,508

For the year ending 27 June 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 05 March 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Michael Fallows
Status: Director

The notes form part of these financial statements

M. FALLOWS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 27 June 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities

    Turnover policy

    Turnover represents net invoiced sales of goods

    Tangible fixed assets depreciation policy

    Tangible Fixed Assets are stated at cost less depreciation.
    Depreciation is provided at rates caluclated to write off the costs of fixed assets less their estimated residual value over their expected useful lives on the following basis:
    Plant and Equipment - 15% applied to written down value
    Motor Vehicles - 25% applied to written down value
    Office Equipment - 15% applied to written down value

M. FALLOWS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 27 June 2015

  • 2. Tangible assets

    Total
    Cost £
    28 June 2014: 118,681
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    27 June 2015: 118,681
    Depreciation
    28 June 2014: 33,985
    Charge for year: 522
    On disposals: 0
    Other adjustments: 0
    27 June 2015: 34,507
    Net book value
    27 June 2015: 84,174
    27 June 2014: 84,696

M. FALLOWS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 27 June 2015

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0 0.00 0
    Total share capital (£): 100
    Current period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0 0.00 0
    Total share capital (£): 100